Retail Property (high street) for saleMarket Place, Long Eaton, Nottingham, Derbyshire, NG10 1LS
665 sq. ft.
- 665 sq ft (61 sq m)
- Use class orders: A1 Shops
- Three storey mid-terrace
- Retail with storage above
- Planning permission granted
- For 4x apartments on upper floors
- Excellent town centre location
- Freehold title
FOR SALE BY ONLINE AUCTION: terms and conditions apply.
We are pleased to offer to auction this three storey, mid-terraced property prominently located in an excellent town centre position along Market Place, Long Eaton. To the ground floor is a 665sqft A1 retail unit, with storage to the first and second floors. The property has recently been granted full planning permission to convert the second a third floor upper floors to 2x residential apartments. There is already planning for 1st floor to be changed to two apartments. The property offers an ideal opportunity for a buyer looking to do their own works to the property, or alternatively the vendor would be willing to complete the works for the buyer at an increased sale price. The gross income of this property is estimated at �39,000 per annum.
Please note that we have not inspected this property.
The subject property is excellently located along Market Place, a large retail parade through Long Eaton town centre, Derbyshire. The property is surrounded by other popular retailers and businesses including Subway, Costa Coffee, Lloyds bank and many more. Long Eaton is a town approximately 10 miles east of Derby, and 7 miles southwest of Nottingham.
GROUND FLOOR Retail unit with W.C. NIA approx. 61.8sqm (665sqft) FIRST, SECOND and THIRD FLOORS Storage space. We do not have measurements for these floors.
The property has been granted full planning permission on 16th February 2018 for the change of use for the second and third floors to be converted into 2x residential apartments. Application reference ERE/0817/0030. Exact proposal wording is as follows: 'Change of use of second and third floors from storage space above existing retail to 2no. residential apartments (use class C3) and external alterations consisting of alterations to shopfront entrance, replacement windows to front elevation, new rooflights to front and rear, and new/replacement doors and windows to rear elevation'. There is already planning for 1st floor to change to 2x residential apartments.
Freehold. Title number DY64461.
The adopted rateable value is �13,000 as of 1st April 2017. Sourced from VOA.
Available upon request.
For further information please contact our office direct on 0191-425-1507, or alternatively via e-mail on firstname.lastname@example.org. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
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